SCGBHD

0.485

+0.005 (+1%)

OTHERS SOUTHERN CABLE GROUP BERHAD ("SOUTHERN CABLE" OR THE "COMPANY") PROPOSED TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED SHARE CAPITAL OF SOUTHERN CABLE FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("PROPOSED TRANSFER")

SOUTHERN CABLE GROUP BERHAD

Type Announcement
Subject OTHERS
Description
SOUTHERN CABLE GROUP BERHAD ("SOUTHERN CABLE" OR THE "COMPANY")

PROPOSED TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED SHARE CAPITAL OF SOUTHERN CABLE FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("PROPOSED TRANSFER")

Unless otherwise defined, the definitions and terms used in this announcement shall have the same meaning as those defined in the Company’s announcement dated 28 April 2021 and 31 May 2021 (“Announcements”).

We refer to the Announcements in relation to the Proposed Transfer.

On behalf of the Board of Directors of Southern Cable, MIDF Amanah Investment Bank Berhad wishes to announce that the Securities Commission Malaysia had, vide its letter dated 15 September 2021, which was received on 17 September 2021, approved the application for the Proposed Transfer under Section 214(1) of the Capital Markets and Services Act 2007 and under the equity requirement for public listed companies in relation to the resultant equity structure of Southern Cable pursuant to the Proposed Transfer.

Further, in compliance with sub-paragraph 2A.2 under Practice Note 22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, additional information on the Company is set out in the enclosed attachment.

This announcement is dated 17 September 2021.




Please refer attachment below.



Announcement Info

Company Name SOUTHERN CABLE GROUP BERHAD
Stock Name SCGBHD
Date Announced 17 Sep 2021
Category General Announcement for PLC
Reference Number GA1-17092021-00070